One of the country’s largest non-bank lenders has told investors in two unlisted, wholesale funds that it will pause redemptions, citing valuation changes.
Metrics has been dragged kicking and screaming by its auditor into cutting asset values. Now wholesale fund freezes reveal how complex its structure really is.
One of the country’s largest managers of debt had placed three ASX-listed funds into a trading halt citing questions about financial information due this week.
Construction experts say they simply can’t make money building apartments and that creates issues for private credit funds with exposure to vacant plots of land.
Australia’s sharemarket is being raided by global buyout barons. The question is whether there’s anything we could, or should, do to counter their opportunism.